Core Scientific Inc (NASDAQ:CORZ) price closed higher on Monday, May 06, jumping 2.39% above its previous close.
A look at the daily price movement shows that the last close reads $3.35. Taking into account the 52-week price action we note that the stock hit a 52-week high of $6.10 and 52-week low of $2.61. The stock subtracted -0.58% on its value in the past month.
On average, analysts have forecast the company’s revenue for the quarter will hit 154.67M, with the likely lows of 139.6M and highs of 169.73M. Staying with the analyst view, there is a consensus estimate of 524.4M for the company’s annual revenue in current year.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
The overview shows that CORZ’s price is at present 9.41% off the SMA20 and 2.00% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 55.14, with weekly volatility standing at 7.12%. The indicator jumps to 7.33% when calculated based on the past 30 days. Core Scientific Inc (NASDAQ:CORZ)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.25.
An analysis of the Core Scientific Inc (NASDAQ:CORZ) stock in terms of its daily trading volume indicates that the 3-month average is 3.25 million.
Current records show that the company has 386.88M in outstanding shares. The insiders’ percentage holdings are 11.33% of outstanding shares while the percentage share held by institutions stands at 1.21%. But the -0.29% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
